Space Electronics
Space Electronics SA is a privately held Greek marine electronics distributor and integrator, founded in 1976, that supplies navigation, communication, and e-navigation equipment from OEMs such as JRC and NAVTOR to shipping companies, shipyards, classification societies, and government maritime authorities across Europe and the Far East.
- Company typePrivate
- Founded1976
- HeadquartersPiraeus, Greece
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Space Electronics does
Space Electronics SA, founded in 1976 and headquartered in Piraeus, Greece, is a privately held marine electronics distributor, integrator, and service provider operating as part of the SPACEL Group alongside Marel Electronics and Spacel Cyprus Ltd. The company is authorized to sell and service navigation and communication equipment from a broad portfolio of manufacturers, including JRC, NAVTOR, YDK Technologies, JRCS, Alphatron, Cobham/Sailor, and Danelec, while also acting as a multi-vendor system integrator for shipyards and vessel operators. Its offering spans ECDIS, radar, VDR, AIS, GPS, gyrocompasses, autopilots, electromagnetic logs, VHF communications, and KA/KU-band VSAT airtime, layered with proprietary integration around JRC's Smart Ship Viewer and NAVTOR's e-navigation suite (NavStation, NavBox/NavStick, Digital Logbooks).
The firm generates revenue across six streams: hardware sales, professional services (on-site/remote support, repairs, audits), recurring annual maintenance contracts, e-navigation subscriptions, training delivered through its Piraeus training center and online, and managed airtime services. Pricing is quote-based and not publicly disclosed; maintenance agreements are customized per fleet. Its customer base is enterprise maritime: shipping companies (e.g., Minerva Marine, Minerva Gas), shipyards undertaking newbuilds in Europe and Far East, classification societies (RINA, ABS, Bureau Veritas, Lloyd's Register, DNV, ClassNK, CCS), and government maritime authorities (e.g., subcontractor to ADAPTIT for the Hellenic Ministry of Maritime Affairs). Strategic positioning hinges on classification-society approvals, OEM distributorship depth, and the NAVTOR Hellas joint venture established in 2023.
Go-to-market is sales-led and channel-driven: direct enterprise sales from Piraeus and Limassol, manufacturer co-marketing, and participation in major maritime exhibitions (Posidonia, DEFEA, Euronaval). The 2025 partnership with OBRELA introduces maritime cybersecurity services mapped to IACS UR E26/E27 standards, signaling a move beyond pure hardware resale into regulated digital services. With 11-50 employees, no disclosed revenue, and no external funding, Space Electronics operates as a focused regional specialist with worldwide service coordination rather than a scaled product company.
Space Electronics firmographics
Firmographics- Name
- Space Electronics
- Legal name
- Space Electronics S.A.
- Website
- https://spacel.gr
- Company type
- Private
- Founded year
- 1976
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Space Electronics SA is a privately held Greek marine electronics distributor and integrator, founded in 1976, that supplies navigation, communication, and e-navigation equipment from OEMs such as JRC and NAVTOR to shipping companies, shipyards, classification societies, and government maritime authorities across Europe and the Far East.
- Ownership category
- akta.pro rank
Space Electronics industry classification
Industry- Product category
- Marine Electronics Distribution and Services
- NAICS
- Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511)
- SIC
- Search, Detection, Navagation, Guidance, Aeronautical Sys (3812), Electronic & Other Electrical Equipment (No Computer Equip) (3600), Industrial Instruments For Measurement, Display, And Control (3823)
- akta.pro primary industry
- Marine Navigation Systems (ECDIS, Radar, GNSS, AIS) (IMAJAJAE)
- akta.pro secondary industries
- Marine Electrical Installation, Commissioning & Field Services (IMAJAJAL), Electrical, Automation & Control Systems (Power, PLC/SCADA, Navigation/Comms Integration) (TLAHAMAE), Electrical Engineering & Power Distribution (Generation, Switchboards, Cabling, Lighting) (IMAJAGAF)
Keywords
Where Space Electronics is headquartered
LocationHeadquarters
- HQ city
- Piraeus
- HQ country
- Greece
- HQ region
- Europe
Offices2 records
Markets served
Space Electronics business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Marine Electronics Equipment Sales: Sales of navigation, communication, and electronics equipment from manufacturer partners including JRC, YDK Technologies, NAVTOR, JRCS, Alphatron, Cobham/Sailor, and others. Equipment includes ECDIS, VHF radios, GPS/navigation systems, radar, AIS, VSAT, and related marine electronics.
- Technical Services and Support: On-site and remote technical support, troubleshooting, repairs, installations, and maintenance services provided by certified engineers. Includes VDR APT testing, gyro compass overhauling, and equipment health checks.
- Maintenance Agreements: Annual contracts and customized maintenance agreements for fleet vessels covering ongoing support and service needs worldwide.
- Training Services: ECDIS training, NAVTOR training, equipment familiarization courses, and technical training delivered at Piraeus training center, onboard vessels, and online.
- E-Navigation Services: Digital chart services (UKHO ENC), NavBox/NavStick auto-update subscriptions, weather data services (Weathernews/WNI), passage planning software, and fleet monitoring.
- Airtime Services: VSAT internet services through satellite providers including hardware provision and connectivity packages.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Equipment Sales - Manufacturer Pricing |
| Transaction based/ take rate | Pay-as-you-go | Technical Services - Time and Materials |
| Subscription | Annual | Annual Maintenance Contracts |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
Space Electronics product offering
Product offeringCore offering
Space Electronics SA distributes and integrates marine electronics, navigation, and communication equipment from leading manufacturers (JRC, NAVTOR, YDK Technologies, JRCS, Alphatron, Danelec, Cobham/Sailor), and delivers certified technical support, installation, commissioning, maintenance, training, audit, and e-navigation services for shipping companies, shipyards, and classification societies across Greece, Cyprus, and worldwide through service coordination.
Product overview
Space Electronics SA operates as a marine electronics distributor and service provider offering products from major manufacturers (JRC, NAVTOR, YDK Technologies, JRCS, Alphatron, Danelec) alongside proprietary e-navigation solutions. The core product portfolio includes navigation equipment (ECDIS, radar, GPS, gyrocompass, autopilot), communication systems (VHFs, satellite communications), and digital services (Smart Ship Viewer fleet monitoring, Digital Logbooks). The company provides installation, technical support, training, and cybersecurity services primarily for newbuilding and existing vessels in the maritime industry.
Differentiator
Problem solved
Functional benefit
Brands
- SPACEL Group: The unified organization comprising Spacel, Marel, and Spacel Cyprus, operating as a leading force in maritime technology and innovation for more than 50 years.
Products and services
- Marine Electronics Equipment Supply (JRC, YDK, NAVTOR, JRCS, Alphatron, Danelec, Cobham/Sailor) Authorized distribution of navigation (ECDIS, radar, GPS, gyrocompass, autopilot, AIS, electromagnetic logs), communication (VHF, VSAT), and safety (VDR/S-VDR) equipment from world-leading manufacturers, sold to shipping companies, shipyards, and vessel operators in Greece and Cyprus with global service support.
- Digital Logbooks Service Class and flag approved web-based application delivering paperless maritime record-keeping including Oil Record Book, Cargo Record Book, Ballast Water Record Book, with offline capability, modular design, and an office monitoring module for shipping operators.
- Smart Ship Viewer (SSV) Service Ship-to-shore information service enabling remote fleet monitoring, VDR data downloading, and vessel-to-shore coordination through integration with JRC equipment, sold to shipping fleet operators.
- JHS-800S Class A VHF Radio Class A VHF marine radio with 5-inch touch screen, GMDSS-compliant Class A DSC functionality, high-quality audio, and IP56 waterproof design sold to commercial vessel operators.
- JLR-8600/8400 GPS Navigator Multi-GNSS marine GPS navigator supporting GPS, GLONASS, BeiDou, SBAS, and QZSS for high-precision position measurement, available in JLR-8400 (2-unit) and JLR-8600 (3-unit) configurations for commercial vessels.
- EML-900 Electromagnetic Log High-performance electromagnetic log using a flat-type sensor and next-generation master indicator with 3.5-inch color display and improved man-machine interface, sold for measuring speed through water on commercial vessels.
- Technical Support and Maintenance Services On-site and remote technical support, troubleshooting, repairs, installations, gyro compass overhauling, VDR APT testing, and equipment health checks delivered by certified, manufacturer-trained engineers to shipping customers in Greece, Cyprus, and worldwide through 24/7 service coordination.
- Annual Maintenance Agreements Customized annual contracts and maintenance agreements tailored for fleet vessel operators, covering ongoing worldwide technical service needs and standardized maintenance coverage.
- Airtime Services (VSAT) Satellite internet services through KA/KU band VSAT solutions bundled with hardware from partner providers, delivering reliable vessel connectivity for commercial shipping operators.
- Maritime Training Services ECDIS TST training, NAVTOR training, equipment familiarization, and technical training delivered at the Piraeus training center, on board vessels, and online to shipowners and crew seeking certification.
- Newbuilding Project Support Complete marine electronics packages for newbuilding projects in Europe and the Far East, integrating navigation, communication, and automation equipment through expertise and full project support for shipyards and vessel construction projects.
- Marine Audits and Consulting ISM, ISPS, and MLC internal audits, real-time navigational audits, VDR analysis, vetting inspections, and remote assessments certified by DNV and Nautical Institute for shipping operators seeking regulatory compliance.
- Annual Safety Radio Inspection and VDR APT Approved provider of Annual Safety Radio Inspections and VDR APT (for JRC, Kelvin Hughes, Danelec, and AMI VDR makers) conducted under approvals from seven classification societies for regulatory compliance of commercial vessels.
Quantifiable outcome
- Passage planning time reduced from 3.5 hours to 0.5 hours using NAVTOR NavStation
- +1 more outcomes
Companies that use Space Electronics
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles3 records
Space Electronics technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Space Electronics partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core and minor.
- OBRELAcoreStrategic partnership between SPACEL Group and OBRELA, a global cybersecurity company. The collaboration aims to enhance cybersecurity, digital resilience, and technological advancement in the maritime industry. OBRELA delivers real-time, risk-aligned cybersecurity with alignment to IACS UR E26/E27 maritime cybersecurity standards. This partnership sets new standards for maritime cybersecurity and supports the industry's transition to secure digital futures.
- SEANET Co., LtdcorePartnership with SEANET Co., Ltd from Korea, a global leader. Space Electronics S.A announced new partnership to expand product offerings and service capabilities. Details of product/service scope to be determined through collaboration.
- COBHAM/SAILORcoreNew cooperation announced in 2023. COBHAM/SAILOR designs and manufactures radio systems for maritime and commercial shipping. Space Electronics provides sales and service support for COBHAM/SAILOR equipment.
- SAURA KEIKIminorNew cooperation announced in 2020. SAURA designs and manufactures magnetic compasses, hydraulic steering gear, and automatic pilots for coastal navigation. Products available through Space Electronics premises in Piraeus with full support for compasses and spare parts.
- NAVTORcoreLong-standing partnership spanning more than a decade. Space Electronics represents NAVTOR products in Greece including NavStation, NavBox, NavStick, Passage Planning software, Digital Logbooks. The partnership established NAVTOR Hellas as a joint venture in 2023 to serve the Greek market. NAVTOR won e-Navigation category at SMART4SEA Awards 2019.
- YDK Technologies (formerly Yokogawa Denshikiki)coreLong-standing partnership with YDK Technologies Co., Ltd (formerly Yokogawa Denshikiki). Space Electronics distributes YDK marine electronics including gyrocompasses (CMZ series), autopilots (PT series), electromagnetic logs (EML series), and other navigation equipment. YDK announced discontinuation of CMZ700 service parts in 2025 with continued support through September 2030.
- JRC (Japan Radio Co., Ltd.)coreAuthorized distributor for JRC products including ECDIS (JAN series), VHF radios (JHS series), GPS navigators (JLR series), AIS, radar, VDR (JCY series), and communication equipment. Space Electronics received JRC Sales Award for Fixed Piloting Unit Panama Canal sales. JRC provides technical training and product support.
- JRCScorePartnership with JRCS for alarm monitoring systems (SMS series), engine monitoring, power management systems (JACOM), and switchboard products. JRCS provides long-term maintenance parts policy and technical support for self-developed products.
- Alphatron MarinecoreAuthorized distributor for Alphatron Marine products including communication and navigation equipment. Alphatron is part of the JRC group.
- DaneleccorePartnership with Danelec for VDR and ship data management solutions. Danelec acquired Nautilus Labs AI technology platform in 2023 for sustainability and safety insights.
- MAREL ElectronicscoreMAREL Electronics is part of SPACEL Group (along with Spacel and Spacel Cyprus). MAREL participates in defense exhibitions (DEFEA) and naval programs. Partnership with THEMYS (French subcontractor of Naval Group) for FDI naval program.
- ADAPTITminorSpace Electronics subcontracted by ADAPTIT as certified and specialized partner to undertake engineering work for the Hellenic Ministry of Maritime Affairs and Insular Policy projects.
- THEMYSminorMAREL (SPACEL Group) partnership with THEMYS, a French subcontractor of Naval Group, for the FDI naval program. Agreement signed at Euronaval 2022 to address upcoming project requirements.
- UKHOcorePartnership for UKHO ENC (Electronic Navigational Charts) products. Space Electronics offers world's best ENCs package providing comprehensive, official digital maritime chart service.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Space Electronics competitors and assessment
Company assessmentBroad incumbents
- Garmin Marine: Garmin's marine division produces GPS, radar, chartplotters and VHF/AIS for both leisure and commercial markets — a broader consumer-electronics incumbent with comparable navigation and communication products.
- Wärtsilä Marine: Wärtsilä (including its Voyage/Transas unit) is a large incumbent supplying marine navigation, automation, voyage planning and digital solutions — competing in e-navigation and bridge systems alongside Space Electronics' NAVTOR-led offering.
- Kongsberg Maritime: Kongsberg Maritime is a global incumbent supplying navigation, automation, communication, and digital solutions for commercial and naval vessels — broader portfolio but overlapping core navigation/integration competencies with Space Electronics.
Direct peers
- Furuno: Furuno Electric is a Japanese marine electronics manufacturer producing ECDIS, radar, GPS, AIS, VDR, gyrocompass and communications equipment — overlapping with nearly every product category Space Electronics distributes. Both sell into global shipyards and commercial fleets.
- Raymarine: Raymarine (a FLIR/Teledyne brand) manufactures marine navigation, radar, ECDIS and communication electronics for commercial and leisure vessels, comparable in product range to the JRC/YDK portfolio Space Electronics distributes.
- Navico: Navico owns Simrad, Lowrance and B&G, supplying marine navigation, sonar and communications electronics to commercial and recreational marine markets — a comparable marine navigation systems manufacturer.
- RH Marine (formerly Imtech Marine): RH Marine is a Dutch system integrator supplying navigation, automation, electrical and communication systems for naval and commercial vessels — comparable as a marine electronics value-added integrator.
- Hensoldt (Kelvin Hughes): Hensoldt's former Kelvin Hughes business produces marine radar, ECDIS, gyrocompass and VDR equipment, and is listed among VDR APT makers Space Electronics is approved to service — directly comparable in navigation systems supply.
- Cobham SATCOM (Sailor): Cobham SATCOM's Sailor brand manufactures maritime VSAT, satellite communications and radio systems — Space Electronics is itself an authorized distributor for Cobham/Sailor, and Cobham directly competes as a manufacturer in the marine connectivity category.
- Alphatron Marine: Alphatron Marine (JRC Group) is a marine navigation, communication and bridge systems integrator operating across Europe and Asia — essentially a sister distributor model with overlapping product lines and customer base to Space Electronics.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Space Electronics social profiles
Digital presenceSpace Electronics compliance and trust
Trust signalCompliance2 records
Space Electronics financial estimates
Financial estimateRevenue estimate
Valuation estimate
Space Electronics leadership team
Management profileNumber of profiles
Space Electronics subsidiaries and ownership
Company hierarchySubsidiaries1 record
Space Electronics funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Space Electronics M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Space Electronics
What does Space Electronics do?
Space Electronics SA distributes and integrates marine electronics, navigation, and communication equipment from leading manufacturers (JRC, NAVTOR, YDK Technologies, JRCS, Alphatron, Danelec, Cobham/Sailor), and delivers certified technical support, installation, commissioning, maintenance, training, audit, and e-navigation services for shipping companies, shipyards, and classification societies across Greece, Cyprus, and worldwide through service coordination.
Is Space Electronics a public or private company?
Space Electronics is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Space Electronics founded?
Space Electronics was founded in 1976. It employs 11 to 50 people.
Where is Space Electronics based?
Space Electronics is headquartered in Piraeus, Greece, in the Europe region.
How does Space Electronics make money?
Six revenue lines are on record. Marine Electronics Equipment Sales are the primary driver. The others are technical Services and Support, maintenance Agreements, training Services, E-Navigation Services and airtime Services.
Who are Space Electronics's main competitors?
Broad incumbents on record are Garmin Marine, Wärtsilä Marine and Kongsberg Maritime. Direct peers are Furuno, Raymarine, Navico, RH Marine (formerly Imtech Marine), Hensoldt (Kelvin Hughes), Cobham SATCOM (Sailor) and Alphatron Marine.
Does Space Electronics have an API?
No public API is recorded for Space Electronics.
What industry is Space Electronics in?
Space Electronics's product category is Marine Electronics Distribution and Services. Its primary akta.pro industry code is IMAJAJAE, Marine Navigation Systems (ECDIS, Radar, GNSS, AIS), with a secondary code of IMAJAJAL, Marine Electrical Installation, Commissioning & Field Services. Its NAICS code is 334511 and its SIC code is 3812.